£214,606
This estimated value is based upon the latest sale price for the house of £175,000 on 28 Oct 2019. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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Price Paid | Date |
---|---|
£175,000 | 28 Oct 2019 |
Terraced |
Freehold |
Floor Area: 67 sq meters or 721 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in October 2019 the House Price Index for MEDWAY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £175,000 results in an estimated price of approximately £214,606.
28 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.632 % | £175,000 | £39,606 | £214,606 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
Change % | Change £ | Estimated Price | |
1 Month Average | -11.983 % | £-20,970 | £154,029 |
3 Month Average | -2.067 % | £-3,616 | £171,383 |
6 Month Average | 20.502 % | £35,878 | £210,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £258,479 | £255,000 | 167 CONSTITUTION ROAD |
30 Mar 2023 | £166,569 | £165,000 | 70 UPPER LUTON ROAD |
17 Mar 2023 | £232,188 | £230,000 | 38 UPPER LUTON ROAD |
8 Sep 2022 | £193,438 | £195,000 | 195 CONSTITUTION ROAD |
22 Apr 2022 | £208,534 | £202,500 | 178 UPPER LUTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 19 Feb 2019. Using an estimated price of £214,607 means this house is valued at £3,203 per sq meter (£297 per sq foot).
The average size of a house on CONSTITUTION ROAD is 76 sq meters (819 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Hill |
Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near York Hill |
Feb 2024 | Violence and sexual offences | Under investigation | On or near York Hill |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near York Hill |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near York Hill |